Roots (TSX:ROOT) Tax Rate % : 26.42% (As of Jan. 2024)

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What is Roots Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Roots's Tax Expense for the three months ended in Jan. 2024 was C$5.3 Mil. Roots's Pre-Tax Income for the three months ended in Jan. 2024 was C$19.9 Mil. Therefore, Roots's Tax Rate % for the quarter that ended in Jan. 2024 was 26.42%.

Roots Tax Rate % Historical Data

The historical data trend for Roots's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Roots Tax Rate % Chart

Roots Annual Data

Trend

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Tax Rate %

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14.43

27.19

27.04

30.24

30.70

Roots Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Tax Rate %	Get a 7-Day Free Trial															27.08	26.20	25.92	33.29	26.42

Roots Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Roots's Tax Rate % for the fiscal year that ended in Jan. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Jan. 2024 )	/	Pre-Tax Income (A: Jan. 2024 )
	=	0.815	/	2.655
	=	30.70 %

Roots's Tax Rate % for the quarter that ended in Jan. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Jan. 2024 )	/	Pre-Tax Income (Q: Jan. 2024 )
	=	5.25	/	19.871
	=	26.42 %

Roots Tax Rate % Related Terms

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Roots (TSX:ROOT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Roots Corp (TSX:ROOT) » Definitions » Tax Rate %

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RROTF:USA

Address

1400 Castlefield Avenue, Toronto, ON, CAN, M6B 4C4

Website

https://www.roots.com

Roots Corp provides a portfolio of apparel, leather goods, accessories, and footwear for men, women, and children under the Roots brand. Its merchandise includes genuine leather, such as jackets, bags, and luggage; kids & baby clothing; and leather, linens, towels, and accessories. The company operates through two segments: Direct-To-Consumer, which accounts for the majority of revenue, and Partners & Other. The DTC segment sells products through the company's corporate retail stores and e-commerce. The Partners & Other segment engage in the wholesale of Roots-branded products to the company's international operating partner, and it earns royalties on the retail sales of Roots-branded products. The company has operating stores in Canada, the United States, Taiwan, China, and Hong Kong.